SEC initiates legal action against FTX’s auditor
The United States Securities and Exchange Commission (SEC) has commenced legal proceedings against an accounting firm that had provided services...
Regulation
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
The United States House of Representatives has rejected a bill passed by the Senate aimed at funding the government, and...
SEC delays decision on ARK Invest and Global X Bitcoin ETFs
The SEC has delayed its decision on the ARK 21Shares Bitcoin ETF decision to early 2024. Also delayed is the...
Nomura Bank’s Laser Digital receives approval for operations in Abu Dhabi
Key takeaways Laser Digital can now operate in Abu Dhabi Laser Digital, the digital assets arm of Japan’s Nomura Bank,...
Taiwan regulator announces new guidelines for crypto exchanges
Taiwan’s regulator, the Financial Supervisory Commission (FSC) has announced new guidelines for virtual asset service providers (VASPs). The agency published...
Celsius creditors vote in favor of reorganization plan
The creditors involved in the Celsius bankruptcy case have voted in favor of a plan that will see funds returned...
Hong Kong to list ‘suspicious’ crypto platforms in wake of JPEX scandal
Hong Kong's financial regulator, the Securities and Futures Commission (SFC) has vowed to step up efforts to combat unregulated cryptocurrency...
Coinbase secures registration with the Bank of Spain
Coinbase’s registration with the Bank of Spain marks a significant stride in its mission to provide secure and compliant crypto...
How are crypto firms responding to US regulators’ enforcement actions?
United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance,...
Binance could delist multiple stablecoins as MiCA takes effect next year
Key takeaways Binance to delist multiple stablecoins A Binance executive has warned that the cryptocurrency exchange could delist multiple stablecoins...
Crypto exchange Kraken ‘disappointed’ over regulator proceedings in Australia
The Australian Securities and Investments Commission (ASIC) has commenced civil proceedings against Bit Trade — the provider of the Kraken...
New UK bill to seize stolen crypto reach final approval stage
Key takeaways The UK government could seize stolen cryptocurrencies A bill that seeks to expand the ability of UK authorities...
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
The lawyer responsible for laundering $400 million from the OneCoin fraud has been denied a motion seeking a new trial,...
JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
Dubai-based cryptocurrency exchange JPEX has slammed regulators and “third-party market makers” for a liquidity crisis that has seen the platform...
Japan’s to allow startups raise funds using crypto
Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups...
Hong Kong warns that crypto firms are not “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks...
North Korean crypto hacks down 80% but that could change overnight: Chainalysis
Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says...
Stoner Cats NFTs creator charged by SEC, to pay $1M fine
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs. Stoner Cats will...
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
Legislation aimed at preventing “unelected bureaucrats in Washington” from issuing a central bank digital currency (CBDC) has been reintroduced by...
India embarks on crafting crypto regulations after ruling out ban
India was long thought to be planning a complete ban on cryptocurrencies. However, in the just concluded G20 Summit, India...
G20 moves forward with international crypto framework
Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy...
Coinbase plans major expansion in countries with “clear crypto rules”
Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory trajectory. The exchange also...
